Closing Bell: 40 Bike Racks for Forest Hills, Rego Park

The Department of Transportation has proposed 40 new bike racks in Forest Hills and Rego Park, DNAinfo reported. Bike advocates said that the area is overflowing with bikers, especially around transit hubs like the Long Island Railroad. A half dozen bike racks were installed last year and another rack was placed near the 63rd Drive subway last month. The new racks are expected in eight weeks.